Quanta Services (PWR) Reports In-Line Q1 EPS; Offers FY20 EPS Guidance Below Consensus

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Go back to Quanta Services (PWR) Reports In-Line Q1 EPS; Offers FY20 EPS Guidance Below Consensus

Quanta Services Reports First Quarter 2020 Results

May 7, 2020 6:55 AM EDT

HOUSTON, May 7, 2020 /PRNewswire/ -- Quanta Services, Inc. (NYSE: PWR) today announced results for the three months ended March 31, 2020. Revenues in the first quarter of 2020 were $2.76 billion compared to revenues of $2.81 billion in the first quarter of 2019, and net income attributable to common stock was $38.7 million, or $0.26 per diluted share, in the first quarter of 2020, compared to net income attributable to common stock of $120.5 million, or $0.82 per diluted share, in the first quarter of 2019. Adjusted diluted earnings per share attributable to common stock (a non-GAAP measure) was $0.47 for the first quarter of... More